Outcome of Board meeting
Price
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Awaiting price reaction for this filing.
Stovec Industries' board, at its meeting on February 23, 2026, approved audited financial results for Q4 and full year ended December 31, 2025. Revenue from operations for FY2025 fell to ₹1,981.1 million from ₹2,345.7 million in FY2024, a decline of about 15.5%, while profit after tax dropped sharply to ₹68.98 million from ₹129.61 million (~46.8% lower). Q4 FY2025 revenue was ₹514.2 million with PAT of just ₹1.64 million. The board recommended a dividend of ₹12 per share (120% on face value of ₹10), subject to shareholder approval. Statutory auditors Price Waterhouse Chartered Accountants LLP issued an unmodified (clean) opinion. Operating cash flow turned negative at ₹(19.29) million for FY2025 versus ₹161.86 million inflow in FY2024.
Weak set of numbers — revenue and profits both contracted sharply, and the company swung to negative operating cash flow, which could weigh on the stock despite the healthy dividend payout. The clean audit opinion and 120% dividend provide some comfort to shareholders.